Welcome to our dedicated page for Farmland Partners news (Ticker: FPI), a resource for investors and traders seeking the latest updates and insights on Farmland Partners stock.
Farmland Partners Inc. reports developments for an internally managed farmland REIT that owns and seeks to acquire North American farmland, leases agricultural real estate, and makes loans to third-party farmers and landowners secured by farm real estate or related agricultural assets. Company updates commonly address operating results, AFFO, rental portfolio activity, loan-program allowances, property dispositions, and the mix of farmland and agricultural dealership properties.
FPI news also includes dividend declarations, annual tax treatment of distributions, REIT status, balance-sheet actions such as preferred-unit redemptions, and governance or shareholder-meeting items tied to its common stock and operating partnership units.
Farmland Partners (NYSE: FPI) reported Q3 2020 financial results, showing net income of $0.6 million, an improvement from a net loss of $1.5 million in Q3 2019. Basic net loss to common stockholders was $0.09 per share, compared to $0.15 per share the previous year. Total operating revenues increased to $10.6 million from $9.8 million year-over-year. Adjusted Funds from Operations (AFFO) remained negative at $(1.4 million). The company also declared a quarterly cash dividend of $0.05 per share payable on January 15, 2021. Despite challenges from COVID-19, the outlook for farmland values remains stable.
Farmland Partners Inc. (NYSE:FPI) announced it will release its financial results for Q3 2020 on November 9, 2020, before 9:00 a.m. ET. A conference call will also be held on the same day at 11:00 a.m. ET to discuss these results and provide updates. Investors can participate via phone or listen to a live webcast on the company's website. A replay of the call will be available from November 9 at 1:00 p.m. ET until November 19 at 11:59 p.m. ET.
Farmland Partners Inc. (NYSE: FPI) reported Q2 2020 financial results, revealing a net income of $0.2 million and a basic net loss to common stockholders of $0.10 per share, compared to a net income of $6.5 million and $0.09 per share the previous year. The company recorded Adjusted Funds from Operations of $(1.4 million) for Q2 2020, showing a slight improvement from $(1.6 million) in Q2 2019. The company also repurchased shares and declared a quarterly cash dividend of $0.05. The impact of COVID-19 on operations has been limited, with expectations for long-term stability in farmland value.
Farmland Partners Inc. (NYSE:FPI) announced a delay in releasing its financial results for the quarter ended June 30, 2020. The earnings release, initially scheduled for August 5, 2020, will now take place before 9 a.m. on August 10, 2020. The related conference call, originally set for August 6, 2020, will also be rescheduled to August 10, 2020, at 11 a.m. (Eastern Time). Farmland Partners manages a portfolio of approximately 156,500 acres across 16 states and offers loans secured by farmland.
Farmland Partners Inc. (NYSE:FPI) will release its financial results for Q2 2020 on August 5, 2020, at 4:00 p.m. ET. A conference call to discuss the results will be held on August 6, 2020, at 11:00 a.m. ET. Investors can join the call via phone or through a live webcast on the company's website. A replay will be available from August 6 until August 20. The company, focused on acquiring North American farmland and providing loans to farmers, currently owns 156,500 acres across 16 states and manages over 100 tenants.